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Apple takes top spot in global wearables market

The top five wearables companies for the fourth quarter of 2017 are Apple followed by Fitbit, Xiaomi, Garmin and Huawei

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Trump: Apple Can Avoid Tariffs by Shifting Production to US. Pixabay
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  • Apple has become the leader in Global wearable Market
  • Apple has had eight million shipments in the fourth quarter alone
  • The company has been leading by a large margin

With eight million shipments in the fourth quarter, Apple has become the leader in the global wearables market, a report by International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker has said.

In the fourth quarter, Apple shipped eight million wearables with a 21 percent market share and 57.5 percent year-over-year growth, the report said on Thursday.

Apple could acquire the entertainment company, Netflix
Apple becomes the global wearables market leader. IANS

According to the report, the fourth quarter of 2017 was the first quarter that Apple held the market leader position all to itself after spending several quarters close behind Fitbit or Xiaomi.

Apple is catching the market at the right time with many users of basic wearables moving on to smartwatches and cellular connectivity (available on select Series 3 Watches) is earning a warm reception among end users, the report said.

Also Read: Apple To Release Dual Display Device Soon

The late-year push of eight million units separated Apple from the competition to emerge as the overall leader of the wearables market for the year, the report added.

Apple
Company says users’ choices are becoming more sophisticated.

“User tastes have become more sophisticated over the past several quarters and Apple pounced on the demand for cellular connectivity and streaming multimedia,” Ramon T. Llamas, Research Director for IDC’s Wearables team, said in a statement.

The top five wearables companies for the fourth quarter of 2017 are Apple followed by Fitbit, Xiaomi, Garmin and Huawei. IANS

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Apple CEO Time Cook: “New iPhones Worth The Cost”

The iPhone XS with 512GB storage model will cost Rs 134,900 and the cheapest of the lot, the iPhone XR, has a starting price (64GB) of Rs 76,900 in India

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Apple CEO Tim Cook, Wikimedia

Defending the high cost consumers would have to pay to own the most expensive iPhone released this month, Apple CEO Tim Cook has said that the device is worth the cost as it replaces many other gadgets one might need, a media report said.

Apple’s newest line of iPhones — the iPhone XR, XS and XS Max — cost as much as $1,449 for the most expensive model, CNBC reported late on Tuesday.

“The phone has replaced your digital camera. You don’t have a separate one anymore. It’s replaced your video camera. It’s replaced your music player. It’s replaced all of these different devices,” Cook was quoted as saying to ABC’s “Good Morning America”.

Tim Cook
New iPhones worth the cost: Tim Cook.

“And so arguably the product is really important. And we’ve found that people want to have the most innovative product available and with that, it’s not cheap to do.”

In India, one would have to shell out Rs 12,075 a month as zero-cost EMI for a period of one year to own the 512GB variant of iPhone XS Max that will come for Rs 144,900 in India.

Also Read- Audi Launches A New Electric Car Ahead Tesla

The iPhone XS with 512GB storage model will cost Rs 134,900 and the cheapest of the lot, the iPhone XR, has a starting price (64GB) of Rs 76,900 in India. (IANS)

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